“The rich are always going to say ‘trickle down works’, you know, just give us more MONEY and we’ll go out and spend more and then it will all trickle down to the rest of you. But trickle down has not worked the last 10 years, and I hope the American public is catching on.”

— Warren Buffett

 “I believe that there should be a very much heavier progressive tax on very large incomes, a tax which should increase in a very marked fashion for the gigantic incomes.”

 — President Theodore Roosevelt (R)

“Another means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometric progression as they rise.”

 — President Thomas Jefferson  – 91% over $5OO,OOO like ElSENHOWER (R) on Excessive FRAUD!

CLEARLY IN l9l3 OUR GOVERNMENT BELIEVED IN CURING INCOME INEQUALITY WITH THE INCOME TAX:

0% TAX on first $1,333,333 ($20,000 in l913) – 2012 Dollars

Translation of First Tax Rate Table into Today’s Numbers Using Reagan’s Mid-term Top Rate of 50%  and  2012 Average Income of $5O,OOO   

1. 0% TAX on first $1,333,333
2. 8.3%  on next $2,000,000
3. 16.7%  on next $1,666,667
4. 25.0%  on next $1,666,667
5. 33.3%  on next $10,000,000
6. 41.7%  on next $16,666,667
7. 50.0%  on anything over $33,333,333  

91% TOP TAX RATE ON HIGH INCOMES UNDER PRESIDENT EISENHOWER (R) 

AND IT STOPPED MOST FRAUDS as their WAS NO PR0FlT IN EXCESSlVE FRAUD!